Perseus was founded: Perseus established as junior exploration company and acquires Tengrela gold project in Côte d’Ivoire (now Sissingué)
Perseus acquires Edikan: Perseus acquires the Ayanfuri exploration licenses in Ghana (now Edikan)
Financial Investment Decision to develop Edikan Gold Mine
Commercial Production:Edikan Mine commenced commercial production
Perseus Acquire Yaouré Exploration Licence
Financial Investment Decision to develop Sissingué Gold Mine
Sissingue Commenced Commercial Production
Financial Investment Decision to develop Yaouré Gold Mine
Perseus acquired Exore Resources (Bagoé permit near Sissingué)
Commence Commercial Production at Yaouré Gold Mine
Significant organic growth pipeline
Future Production On Track: Perseus on track to achieve production of 500,000 ounces per annum
A premier African Gold Company
Perseus started life as a junior exploration company in 2004, exploring tenements in both Ghana and Côte d’Ivoire. In 2006 Perseus acquired the Ayanfuri exploration licences in Ghana that had previously hosted heap leach mining operations. Significant exploration success followed, and the company rapidly evolved from explorer to developer and then gold producer in August 2011 with the successful development of the Edikan Gold Mine.
Significant exploration success followed, and the company rapidly evolved from explorer to developer and then gold producer in 2012 with the successful development of the Edikan Gold Mine.
Perseus commenced development of its third mine, the Yaouré Gold Mine, also in Côte d’Ivoire in May 2019, three years after the acquisition of Amara Mining plc. Yaouré first gold was poured ahead of schedule in December 2020, and Perseus declared commercial production in March 2021.
By FY22, the combination of gold production from existing assets, including increased production at Edikan, and the new production from Yaouré will lift Perseus’s gold production to more than 500,000 ounces of gold per annum at weighted average AISC of less than US$850/oz.